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Warren Buffet
He also collects, made money by selling golf balls lost. In his life, Buffett's interest in finance, became apparent at a very early stage.
He began the stock market in one of his sister at the age of 11. At 12, he had bet on horse in high school with a friend that won him the week of $ 50 he (pachinko machine) start a business. Not only that he is to graduate, you do not own a business, but it had purchased 40 acres of his own Nebraska farmland and his profit he also. In graduate school, it was time for modeling of Buffett.
He is Benjamin Graham, there was never met to economists who had begun to study at the university that work Buffett it. Perhaps Buffett, believed strongly in the theory of Graham that it is a wise stock, is to find companies that are undervalued to flourish a little time to it. Therefore, non-traditional approach of Mr. Buffett began in portfolio management. After working for the investment bank company of his father for three years after business school, Buffett returns to Graham, until 1956, I worked as a security analyst in the company of Graham for two years.
In that year, at the age of 25, if you are using the $ 5,000 funds of their own, to have an interest, collected $ 100,000 from friends and family, Buffett began investing his own company, the Buffett Partnership.
One of the clever move made by the company of the buffet, was to invest in American Express at the time. In 1963, surrounded by the AMEX scandal, Wall Street, believed that there was at the end of the year close to the company. In wit about his thinking cap of him with his, Buffett, always noticed even when the restaurants and shops, it was using the card for customers to buy still. To go ahead, he bought, 5% of the shares had risen from 189 market points from 35 in 1961. Buffett, chairman of Berkshire Hathaway Inc., which is doing a long-term investment that is very adept to choose now Buffett.
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